10 things you didn't know about Better

Published August 24, 2023

Updated July 1, 2025

Better
by Better

Hero Image



Becoming a publicly listed company is a monumental occasion for Better as we continue our journey to make the homeownership process cheaper, faster, and easier for all.

In 2014, we began engineering a homebuying process that puts the needs of our customers first, with competitive rates, innovative tech, and around the clock digital service.

While we’re always looking to the future and new ways to build the best homeownership company in America, we want to take a moment to celebrate 10 milestones that helped us get here:

  1. In just seven years, Better Mortgage became the first fintech lender to achieve $100B in mortgages financed for American families.¹

  2. In January 2023, Better Mortgage introduced same-day delivery to mortgages, boiling what takes weeks with other lenders down to just 24 hours with One Day Mortgage. For the first time ever with Better Mortgage, qualifying buyers can go online the moment they win an offer, lock their rate, and get an underwritten mortgage Commitment Letter within a single day.²

  3. Better Mortgage has received 20 awards throughout the year of 2023 so far. Some of these awards include Forbes Best Online Mortgage Lenders, Business Insiders Best for First-time Homebuyers, and Money’s Best Mortgage Lender for Fast Closing Time.

  4. Customer dashboards are open 24/7! That means if you have a purchase contract in hand, banking hours won’t have to hold you back when you’re ready to sprint toward your closing date. You can lock your rate and kick off the underwriting process at any time.

  5. Together, the launches of Better Mortgage, Better Real Estate, Better Cover, and Better Settlement Services help our customers seamlessly buy, sell, refinance, and insure their home under one roof. And while we’re all digital, that doesn’t mean you’re alone. Our mortgage experts, real estate partners, and insurance agents are dedicated to answering questions and helping you along the way. 

  6. We’re proud partners of companies we believe are the finest in their industries. In 2019, Better Mortgage partnered with Ally Bank to offer Ally customers a mortgage solution through Ally Powered by Better. Since launching, Ally & Better have grown Ally Home into a national mortgage lender, serving tens of thousands of customers along the way. 


  7. Our market has been extended to serve borrowers internationally! We recently acquired Trussle (now Better UK), the UK’s most innovative online mortgage broker.³

  8. Better has offices in Charlotte, NC; Irvine, CA; India, and the UK. New York City is home to our headquarter office (which is located in the World Trade Center!) Thank you to our teams across the country and globe that invest and contribute to our collective success.


  9. We’re proud of the talented loan officers that make up the team at Better. Take Marissa Gurtler, Ahmed Jadallah, Jared Clark and Robert Caldwell, who were recognized as winners in the Scotsman Guide's Top 100, the industry's most comprehensive, verified rankings of the nation's top producing residential mortgage brokers, originators, loan officers, and bankers.


  10. Better Mortgage has issued 1,300,000 pre-app letters, spent over 66,000,000 minutes speaking with borrowers, and funded over 406,000 customers. Thank you to all the Better homeowners that have helped us build our legacy and believe in the power of digital homebuying. We are excited to continue to build a better way home.

  



¹ Source: Business Wire
² Better Mortgage’s One Day Mortgage promotion offers qualified customers who provide certain required financial information/documentation to Better Mortgage within 4 hours of locking a rate on a mortgage loan the opportunity to receive an underwriting determination from Better Mortgage within 24 hours of their rate lock. The underwriting determination is subject to customary terms, including fraud and anti-money laundering checks, that take place pre-closing and which may trigger additional required documentation from the customer. Better Mortgage does not guarantee that initial underwriting approval will result in a final underwriting approval. See OneDay Mortgage Terms and Conditions.
³ Business Wire

Related posts

HELOC on investment property: smart guide for real estate investors

Thinking about getting a HELOC on an investment property? Learn how it works, key requirements, pros and cons, and discover alternative financing options.

Read now

Top 5 first-time home buyer programs in Texas you should know

Explore top first-time home buyer programs in Texas, including grants, loans, and tax credits to help you save on your first home purchase and closing costs.

Read now

Conventional loan requirements you must know

Discover conventional loan requirements, how they compare to FHA and VA loans, and find out if this type of mortgage is the right fit for your situation.

Read now

Selling a house with a mortgage: Step-by-step guide

Learn the step-by-step process for selling a house with a mortgage: calculating your payoff amount, setting an asking price, and closing the deal.

Read now

A guide to refinance points

Refinancing your mortgage? You may want to buy down your interest rate by purchasing points, which can save you thousands over the life of your loan.

Read now

How does the mortgage interest deduction work? A guide

How does mortgage interest deduction work? Learn which costs qualify and how to determine whether taking this deduction makes sense for you.

Read now

Income needed for 700k mortgage: Tips and scenarios

Income needed for a 700k mortgage. Learn the salary ranges, key affordability factors, down payment options, scenarios, tips, FAQs, plus alternatives.

Read now

How long does it take to get a home equity loan? A homeowner’s guide

Learn how long it takes to get a home equity loan and the most common factors that delay the process. Plus, discover ways to get your funds out faster.

Read now

Why 2020 was the year of the home

Mortgage News: 2020 changed the homeownership game, and its effects are still being felt as we head into the new year.

Read now

Related FAQs

Interested in more?

Sign up to stay up to date with the latest mortgage news, rates, and promos.